Accounting Information System under the Digital Transformation

Tamara Kucherenko, Halyna Anishchenko, Liudmyla Melnyk and Beata Anna Glinkowska-Krauze
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Tamara Kucherenko: Uman National University of Horticulture, Uman, Ukraine
Halyna Anishchenko: Uman National University of Horticulture, Uman, Ukraine
Liudmyla Melnyk: Uman National University of Horticulture, Uman, Ukraine
Beata Anna Glinkowska-Krauze: University of Lodz, Lodz, Poland

Oblik i finansi, 2021, issue 4, 23-29

Abstract: Modern theory and accounting practice are formed under the influence of many factors, including economic integration, digitalization of communication and management processes, expansion of requirements for the information content of financial and non-financial reporting. In this regard, the purpose of the article is to disclose the structure of the accounting information system, the interdependence of its components, and determine the factors of its modernization in the context of the digital transformation of the socio-economic environment. The structure of the accounting information system was disclosed based on the identification of components that ensure the integration of the internal accounting systems of individual economic entities with the general accounting system. The modeling of the relationship of the components of the accounting information system with other information management systems of economic entities has been carried out. Information systems used to manage organizations were classified. It has been proven that an accounting information system is irreplaceable and plays a fundamental role in the management system. The improvement of information technologies determines the constant modernization of accounting and reporting, the formation of a qualitatively new accounting information environment (cloud accounting, blockchain, network accounting, etc.). Prospects for the further development of enterprise management are associated with the integration processes between the components of the accounting information system. Deepening the digitalization of accounting processes will expand the possibilities of analysis, planning, and forecasting at the management level of an enterprise, industry, and state economy.

Keywords: accounting; financial reporting; accounting system; information system; digital transformation (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:iaf:journl:y:2021:i:4:p:23-29

DOI: 10.33146/2307-9878-2021-4(94)-23-29

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